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EightBitz
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Join Date: May 2013
Posts: 1,458

Old September 13th, 2017, 07:17 PM
Quote:
Originally Posted by daplunk View Post
To be fair... if someone hacks my debit card they won't get much either
This may have changed, but with U.S. banks, the default settings for a debit card were that a bank would let it go into overdraft to offer you the "convenience" of completing your purchase. One fraudulent charge, if you don't catch it in time, could cost you hundreds of dollars in overdraft fees from the bank, and bounced-payment fees from the vendor.

Banks (some, at least), offer you the option to turn off the overdraft convenience, but not all. Still, if you have direct deposit, and your debit card is linked to that account, then even if they don't get much today, they could get more on payday.

Any individual's level of risk depends on how they've configured their accounts.
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